US-based corporate finance software provider Auditoria.ai received $15.5m in series A funding yesterday from investors including enterprise software producer Workday’s corporate venturing unit, Workday Ventures.
The round was led by venture capital firm Venrock and also featured existing investors including B Capital Group, Engineering Capital, Firebolt Ventures and Neotribe Ventures.
Auditoria has built a software platform that utilises artificial intelligence, machine learning, natural language processing and computer vision technology to automate and streamline certain corporate financing practices.
Neotribe Ventures, Engineering Capital and Firebolt Ventures had previously co-led the startup’s $6m seed round in April 2020. It said it has now received more than $22m since it was founded in 2019.